CFOs on the move: Nortel Networks, Furniture Brands International, Hanover Compressor
Peter Currie is to become CFO at US communications provider Nortel Networks for the second time. He was CFO of the company between 1994 and 1997. Currie replaces William Kerr who was CFO for the last 11 months and oversaw the restatement of its financial results from 2001 to 2003. The company has been subject over the last year to an accounting probe. At Furniture Brands International, the US furniture manufacturer has named Denise Ramos as its new CFO and treasurer after the resignation of David Howard. Ramos was most recently CFO of the KFC division of Yum Brands, the US restaurant operator.
Lee Beckelman has been promoted to CFO of Hanover Compressor Company, the US gas compression company. He was previously vice president of investor relations at the company.